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New2 hours ago

153 Strachan Avenue

Niagara, Toronto

$1,975,000

Semi-Detached |Bungalow
1 | 1 | 2
About this home

Unicorn development site -- 18m (59) height limit -- Up to 8,500 buildable square feet -- Up to 5 storeys plus raised lower level -- That's SIX 1,300SF levels and a laneway house -- A Spectacular site with three (3) options -- 1. A 6,500SF bespoke home of your custom design and 5 levels each with 12-foot ceilings and 24-foot ceilings in living room -- 2. A 6 level multi-family or investment home with 2 storey owner's home plus 4 floors for family or rentals -- 3. A Six-plex with six full floor 1,300SF luxury suites commanding premium rents -- Any of these options also include a laneway suite with covered parking for 4 cars -- One set of building permits have already been approved and revisions submitted -- Can start construction quickly -- Construction management, sub-contractors and trades are in place so construction can be completed with a year -- Features include: wide 24 x 120 lot with wide lane access, laneway house over 4 car parking and private access to main house, superior steel and concrete construction, custom glass elevator, grand scale and ceiling heights, unmatched views & exceptional architecture -- Located in downtown's best Trinity-Bellwoods, Ossington, King/Queen West, Financial District, Lake location and next door to to some of downtowns most expensive townhomes.

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agent
Ephy Bookbinder
(416) 838-4804
TypeSemi-Detached
StyleBungalow
Approx. AgeNot available
Size< 700 sq. ft.
Property Tax$7,405
Lot Size24.08 ft x 120 ft
mls© NumberC14122556
Listed ByHARVEY KALLES REAL ESTATE LTD.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$10,109
Property tax
$617
Heat allowance
$150
Housing costs
$10,876 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $395,000
25-yr amortization

Income needed

$335,000

gross annual household income

Payment at 4%
$8,311 / mo
Cash down
$395,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Values and trends

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